OAR 629-023-0430: Underproductive Forestland Conversion Tax Credit — Eligible Project Costs

For projects planted on or after January 1, 2008, the application fee is an eligible project cost. For all projects, eligible project and plantation establishment costs incurred by the taxpayer to forest underproductive forestland may include labor (does not include labor performed by the taxpayer), supervision, material, and equipment operating costs for the following: (1) Site preparation; (2) Planting, or with State Forester approval, seeding; (3) Release; (4) Moisture conservation; (5) Erosion control; (6) Animal damage control.